The CPI will be released soon.

in H4LAB Research • 7 months ago (edited)

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Source: Investing.com

The CPI(Consumer Price Index) YoY(Year of Year) will be released soon. The Cons(Consensus) is 3.4%. If the forecast is accurate, the Fed may delay the 1st federal funds rate cut. We will see the interest rate pause for a long time.

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Source: FedWatch Tool

Many market participants anticipate that the 1st rate cut will start at June this year. I hope that we will see the 1st cut soon.

The rate cut will be affecting the crypto market. If there's no recession with the 1st cut, it will be fuel for a bullish market.

#cpi #fed #macroeconomy
7 months ago in H4LAB Research by
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     7 months ago 

    This comment is for rewarding my analysis activities. Upvotings will be proceeded by @h4lab and @upex

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     7 months ago 

    Congratulations, your post has been upvoted by @upex with a 100.00% upvote. We invite you to continue producing quality content and join our Discord community here. Keep up the good work! #upex

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